Portfolio

Amid growing economic worries and a shift in investing strategy, advisors say they are bullish about their own firms' profits and assets under management.

The exchange-traded funds industry continues to boom, as assets under management topped a record $1.29 trillion as of the end of the third quarter of this year, according to the ETF Snapshot: September 2012, from State Street Global Advisors.

Goldman Sachs Asset Management (GSAM) hired Andrew “Buddy” Donohue, the former head of the U.S. Security and Exchange Commission's Division of Investment Management as its deputy general counsel.

Advisors report that clients request annuities more than any other unsolicited product, according to new research from Cerulli Associates.

MFS has unveiled its new brand advertising featuring the theme "Investment Management for Investment Managers."

Commonwealth Financial Network, the nation’s largest privately held independent broker-dealer, added Schluchter Investment Advisors, which manages more than $300 million in client assets.

National Advisors Trust, an RIA-owned trust company with over $7.5 billion in assets under administration, announced Tuesday that it hired that Joseph Morsman as senior vice president of institutional trust.

Mercer Hammond has added a trio of national segment leaders to service three major components of the US investments market.

Well, that didn't take long.

The online supplier of financial information said it is beginning to market a variety of analytical services for valuing and determining the risks of particular bonds that are derived from the Aladdin platform built by BlackRock.